Associate Underwriter

Summary:

• Underwrite EmblemHealth's existing and new business accounts, including Broker Accounts within published time frames.
  
  
• Process sold new business groups.
  
  
• Develop and maintain good working relationships between Underwriting and Marketing.
  
  
• Maintain logs and complete various reports as needed.

Responsibilities:

• Underwrite new and existing large groups, within the published departmental time frames, using the departmental and corporate guidelines, strategies and goals.
  
  
• Evaluate risk using demographics, claims experience, predictive modeling, high-cost claimant review, and other criteria.
  
  
• Utilize various pricing models to develop both manual and experience rates.
  
  
• Provide clear documentation and recommendations to management.
  
  
• update tracking tools. Evaluate pricing impact of alternative plan designs.
  
  
• Review and analyze Request for Proposals (RFPs) and prospective and renewal rate quotes from Brokers, Consultants, and Marketing Representatives.
  
  
• Collect data and produce enrollment, claims, utilization reports from COGNOS, Tableau, Facets and other databases/reporting tools.
  
  
• Produce analyses and ad-hoc reports as needed.
  
  
• Communicate and explain Underwriting recommendations/decisions to the Sales Account Executives.
  
  
• Prepare summaries for Account Executives for renewals, based on financial history of the groups, demographics and projections moving forward.
  
  
• Provide support explaining analysis to brokers and/or customers as needed.
  
  
• Perform other duties as assigned or required.

Qualifications

* Bachelor's degree in mathematics, Economics, Statistics, Finance or Business Administration required; additional experience/specialized training may be considered in lieu of degree requirement

* 2 - 3+ years of relevant, professional work experience required

* 1 - 2+ years of Group Health Insurance Underwriting or related equivalent experience required

* Knowledge of underwriting methodologies including Experience Rating Methodology required

* Strong communications skills (verbal, written, presentation, interpersonal) with all types/levels of audience required

* Proficiency with MS Office (Word, Excel, PowerPoint, Outlook, Teams) required

* Strong analytical abilities and problem-solving skills required

* Ability to utilize analytical tools, formulas, and processes to develop recommendations required

* Organizing and prioritizing skills required

* Ability to work independently and in a deadline-oriented environment required

* Ability to take initiative in developing and completing projects required

Additional Information

• Requisition ID: 1000002940
• Hiring Range: $48,600-$83,160